On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stoek, $1 par value Additional Paid-in Capital Retained Earnings Totals Debit Credit $ 43,000 45,100 7,800 67,000 $9,300 14,900 13,000 83,000 42,700 $162,900 $162,900 During January 2021, the following transactions occur: January 2 Issue an additional 2, 200 shares of $i par value common stock for $44,000. January 9 Provide services to customers on account, $15,100. January 10 Purchase additional supplies on account, $5,200. January 12 Purchase 1,100 shares of treasury stock for $18 per share. January 15 Pay cash on accounts payable, $16,800. January 21 Provide services to customers for cash, $49,400. January 22 Receive cash on accounts receivable, $16,900 January 29 Declare a cash dividend of $0.40 per share to all shares outstanding on January 29. The dividend is payable on February 15. (Hinc Grand Finale Fireworks had 13,000 shares outstanding on January 1, 2021, and dividends are not paid on treasury stock. January 30 Resell 900 shares of treasury stock for $20 per share. January 31 Pay cash for salaries during January, $42,300. The following information is available on January 31, 2021 a. Unpaid utilities for the month of January are $6,500. b. Supplies at the end of January total $5.400, Retu 9 8 Jan 29 5,600 * Dividends Dividends Payable . 5,600 9 Jan 30 Cash Treasury Stock Additional Paid-in Capital OOO 18.000 * 10 Jan 31 42,300 Salaries Expense Cash 00 42,300 11 Jan 31 6,500 Utilities Expense Utilities Payable olo 6,500 12 Jan 31 5,4003 Supplies Expense Supplies OO 5.400 13 Jan 31 Depreciation Expense Accumulated Depreciation oo 14 Jan 31 2,300 Income Tax Expense Income Tax Payable OO 2,300 Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis Choose the appropriate accounts to complete the company's income statement. Select 'adjusted' from the dropdown, which will then populate the balances in those accounts from the adjusted trial balance. 12 points IS 107 200 Adjusted Grand Finale Fireworks Multiple-Step Income Statement For the Month ended January 31, 2021 Service Revenue 64,500 Retained Earnings 42.700 Total Revenue Salaries Expense 42,300 Utilities Expense 6,500 Supplies Expense 5,400 0 Depreciation Expense Income Tax Expense 2,300 Total Operating Expenses Income Before Taxes Retained Earings Net Income OOOO . 56,500 50,700 42,700 8.000 O $ Trial Balance Balance Sheet >